Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 3, 2019 12:05:43 PM

How do I account for the data in boxes 2 and 3 on the 1099-INT form?

0 1 341
1 Replies
Expert Alumni
Jun 3, 2019 12:05:45 PM

To enter your savings bond interest:

  1. Select Federal.
  2. Select Wages & Income.
  3. Scroll down to Interest and Dividends group.
  4. Click on the Start button to the right of the Interest on 1099-INT category.
  5. Answer Yes to Did you receive any interest income?
  6. Click I'll type it in myself
  7. Click the box next to My form has info in more than just box 1 (this is uncommon) to show boxes 2-14.
  8. Enter your early withdrawal penalty in Box 2.
  9. Enter your interest in Box 3 (Savings bond and treasury int)

Please see screenshot below.